At a Glance
- Tasks: Manage payroll, ensure timely payments, and support finance functions.
- Company: Join Bluecrest, a dynamic company focused on health and finance.
- Benefits: Enjoy hybrid work, generous leave, health assessments, and gym discounts.
- Why this job: Be part of a supportive team with opportunities for growth and impact.
- Qualifications: Experience in payroll processing and finance is essential.
- Other info: Work closely with a friendly finance team and enjoy a vibrant workplace culture.
The predicted salary is between 23200 - 29000 £ per year.
We’re on the lookout for an experienced Payroll Executive to join our teams here at Bluecrest! If you choose to join us, you’ll be led by our Financial Controller and work closely alongside our finance team. Your main purpose will be to support the efficient running of our payroll and finance functions, processing payroll and ensuring employees are paid accurately and on time while also leading the month-end billing process with the support of the team.
What we can offer you in return:
- Four free Health Assessments per year, which can be used by yourself, family or friends
- A further 50% off any additional testing
- 23 days annual leave, rising to 25 days after 1 year, and rising an extra day each year up to 28 days – plus bank holidays on top!
- Sophos@Home protection
- EAP Scheme
- Company sick pay scheme
- Enhanced family leave
- Life Insurance
- Employee referral bonus scheme of up to £1,000
- Matched company pension (up to 5% or up to capped amount)
- Cycle to Work Scheme
- Employee Charity Sponsorship Scheme
- Discounted Gym Membership
- Home office allowance – yearly allowance of £130 to make working from home more comfortable!
What your day to day will look like:
- Ownership of company payroll
- Create and maintain employee records on the company payroll software
- Apply relevant tax codes and student loan deductions issued by HMRC
- Management of the payroll inbox with timely responses to queries
- Calculate and setup payment for the organisation's tax obligations
- Reconcile payroll related balance sheet accounts
- Provide a confidential service to employees at all levels
- Preparation of the monthly payroll for review
- Ensure all employees are paid correctly and on-time
- Accurately process new starters and leavers
- Accurately process commission, bonuses and overtime
- Deal with any employee absences in line with company policy
- Deduct any attachment of earnings orders and pay the relevant authority
- Process pension scheme deductions and setup payments to Scottish Widows
- Complete the month-end billing with the support of the team
- Raise and issue monthly sales invoices and corresponding data files
- Deal with invoice related queries
- Issuing credit notes where necessary
- Issuing customer statements and chasing in debt
- Support with finance inbox queries
- Preparing reports and information as requested by department managers
- Support development of key finance systems and processes
- Ad hoc duties as appropriate - This list of duties is not exhaustive, and the post holder may be required to undertake other reasonable duties comparable with the role as directed by management.
Payroll Executive employer: Bluecrest Health Screening Limited
Contact Detail:
Bluecrest Health Screening Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payroll Executive
✨Tip Number 1
Familiarise yourself with payroll software commonly used in the industry, such as Sage or QuickBooks. Being able to demonstrate your proficiency in these tools during an interview can set you apart from other candidates.
✨Tip Number 2
Brush up on your knowledge of UK tax codes and student loan deductions. Understanding these regulations will not only help you in the role but also show your potential employer that you're proactive and knowledgeable.
✨Tip Number 3
Network with professionals in the finance and payroll sectors. Attend local finance meetups or join online forums to connect with others in the field. This can lead to valuable insights and even job referrals.
✨Tip Number 4
Prepare for the interview by thinking about specific examples from your past experience where you've successfully managed payroll processes or resolved employee queries. This will help you articulate your skills effectively during the conversation.
We think you need these skills to ace Payroll Executive
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in payroll processing and finance functions. Use keywords from the job description, such as 'payroll software', 'tax codes', and 'month-end billing' to catch the employer's attention.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the Payroll Executive role at Bluecrest. Mention specific experiences that demonstrate your ability to manage payroll efficiently and handle employee queries, showcasing how you align with their values.
Showcase Relevant Skills: Emphasise skills that are crucial for the role, such as attention to detail, confidentiality, and proficiency with payroll software. Provide examples of how you've successfully applied these skills in previous positions.
Proofread Your Application: Before submitting your application, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your professionalism and attention to detail, which is vital for a Payroll Executive.
How to prepare for a job interview at Bluecrest Health Screening Limited
✨Know Your Payroll Basics
Make sure you brush up on your payroll knowledge before the interview. Understand key concepts like tax codes, deductions, and the month-end billing process. This will show that you're not just familiar with the role but also genuinely interested in it.
✨Demonstrate Attention to Detail
As a Payroll Executive, accuracy is crucial. Be prepared to discuss how you've ensured precision in your previous roles. You might even want to bring examples of reports or processes you've managed that highlight your attention to detail.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific payroll scenarios, such as dealing with discrepancies or employee queries. Think through your responses ahead of time, focusing on your problem-solving skills and ability to maintain confidentiality.
✨Show Enthusiasm for Teamwork
You'll be working closely with the finance team, so it's important to convey your ability to collaborate effectively. Share examples of how you've worked in teams before and how you can contribute positively to the dynamics at Bluecrest.